Appraisals for Estate Settlement by Appraisal Reports and Services, LLC
Settling an estate is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.
Lawyers and accountants depend on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. There are specific needs for everyone; we cater to these requirements and are acclimated to working with all parties involved. We furnish appraisal reports that surpass the necessities of the courts and various groups.
Contact us as soon as possible to discuss your specialized estate appraisal essentials and how we can put our business acumen to work for you.
Usually, settling an estate requires an extensive appraisal report to acquire fair market value for the home to the satisfaction of the parties involved. We empathize that when you lose a loved one, acquiring an appraisal report is the furthest thought from your mind. Due to this, sometimes the time of death differs from the time the appraisal is requested. Our professional staff is accustomed to the systems and requirements necessary to provide a retroactive appraisal with an effective date and fair market value estimate matching the date your loved one passed away. The ethical requirements stated within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes us to confidentiality, certifying the strongest degree of privacy for all parties involved.
Most people don't realize that the IRS needs reports filed to explain the numbers involved in estate sales.
An exhaustive report showing the appraiser's opinion of value is necessary to support the methods the appraiser used to come to his conclusions. This sort of report will clearly demonstrate your claim that the numbers displayed within the report are well-founded and accurate.
Appraisal Reports and Services, LLC ensures an well-founded appraisal, which will provide an executor definite facts and figures that will exceed IRS and revenue agency requirements. You need not worry over anything, because Appraisal Reports and Services, LLC will be there to stand by our reports if they are ever challenged.
One of the most important requirements in an appraisal is an appraiser-supported opinion of value in a detailed explanation as to how the appraiser came to his conclusion.